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the game of political chicken over the fiscal cliff is still being played in washington. why congress emptied out this weekend with no deal in hand. plus, what are the most intriguing images of 2012? from the disturbing to the hilarious, we'll look at the year that was. year that was. "your $$$$$" starts right now. -- captions by vitac -- www.vitac.com >>> congratulations, washington, you achieved nothing this week. this is "your $$$$$." last week, president obama's offer to avoid the fiscal cliff was laughed at by republicans. this week, the gop countererred. extend the bush tax cuts to everyone, including the rich. revenue, cost savings, cutting, whatever you want to call it from vague areas such as closing, special interest loopholes and deductions, savings from health care and cuts in discretionary spending. other than that, no specifics. president obama wasn't feeling it. he said the gop must agree to one thing to get anywhere close do a deal. >>. >> wee going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> spe
the game of political chicken over the fiscal cliff is still being played in washington. why congress emptied out this weekend with no deal in hand. plus, what are the most intriguing images of 2012? from the disturbing to the hilarious, we'll look at the year that was. year that was. "your $$$$$" starts right now. -- captions by vitac -- www.vitac.com >>> congratulations, washington, you achieved nothing this week. this is "your $$$$$." last week, president obama's...
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the fiscal cliff is fixable, but every day washington fails to make a deal, more damage is being doing. john king, ken rogoff and diane swan, chief economist at mezaro financial. john, right now, this is more politics than the economy. some people are saying don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done. an 11th hour deal. john, as you read the politics at play, what do you see? >> i see both sides digging in. you've just played the president saying i want that rate hike. the republicans are saying mr. president, we'll give you the revenues, but not through a rate hike, but the president believes he won the election and he's upped the ante. says he wants twice as much in tax revenues than a year and a half ago, so the president believes he has the higher ground. i think maybe the democrats have a deeper trench, if you will. they have public on their side. but if you talk to people in washington, there's still this sense that at a last minute, reason will prevail, but there's not a lot of optimism. you know this and my colleagues know this, mor
the fiscal cliff is fixable, but every day washington fails to make a deal, more damage is being doing. john king, ken rogoff and diane swan, chief economist at mezaro financial. john, right now, this is more politics than the economy. some people are saying don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done. an 11th hour deal. john, as you read the politics at play, what do you see? >> i see both sides digging in. you've just played the president...
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Dec 8, 2012
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the fiscal cliff is fixable. every day washington fails to make a deal, more damage is being done. john king, ken rogath is the former chief economist at the international monetary fund and diane swonk joins us from mezro financial. john, some people say don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done in an 11th hour deal. as you read the politics at play, what do you see? >> both sides digging in. you played the president saying, i want that rate hike. the republicans say we'll give you the revenues but not through a rate hike. the president believes he won the election and he upped the ante saying he wants twice as much in tax revenues than he wanted a year and a half ago. the president believes he has higher ground under this. i think maybe the democrats have a deeper trench, if you will. they have public opinion on their side. if you talk to people in washington there is a sense that at the last minute reason will prevail. there is a not a lot of optimism. you know this and my colleagues know it better than i do. more people are talking
the fiscal cliff is fixable. every day washington fails to make a deal, more damage is being done. john king, ken rogath is the former chief economist at the international monetary fund and diane swonk joins us from mezro financial. john, some people say don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done in an 11th hour deal. as you read the politics at play, what do you see? >> both sides digging in. you played the president saying, i want that rate...
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Dec 5, 2012
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we're waiting for the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathize with john boehner. the key party has a firm grip on the republican party, and that's obvious, what's happened this morning here in washington. >> reporter: that disconnect in the gop was in the spotlight today. jim demint spoke out against boehner's proposal to the president. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious. >> very critical of john boehner. and demint's press release aimed squarely at john boehner. this was a real punch in the face. $800 billion tax hike will destroy jobs, allow washington to spend more. as you all know, john boehner put an $800 billion tax hike as a center of his proposal. so john boehner got rejected from the white house, which wants another $800 billion on top of that in tax hikes and then rejected by the right wing of his own par
we're waiting for the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathize with john boehner. the key party has a firm grip on the republican party, and that's obvious, what's happened this morning here in washington. >> reporter: that disconnect in the gop was in the spotlight today. jim demint spoke out against boehner's proposal to the president. >>...
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cliff negotiations in washington, d.c. nbc's mike viqueira is standing by on capitol hill. mike, i guess the big head line to come out of this other than the old christmas adage about the ifs, ands, buts, is the fact it's tied mainly to negotiation? >> yeah, if you spend any time around here, andy, two things are going to happen to you as a reporter, you're going to be insulted by john boehner, and you're going to hear him say ifs ands and buts were nuts -- would you put something on the floor that didn't have a majority of republicans to vote for? that really is a threshold question. what he's asking, would you allow a vote on allowing those tax rates for the richest mer e americans to go up, would you allow the house of representatives to vote on it? hedging response from speaker john boehner which is in itself interesting. basically what we have here, back to square one. there's no visible movement. i'm told over the course of yesterday there were no phone calls. whatever meetings or conversations took place, it went ab
cliff negotiations in washington, d.c. nbc's mike viqueira is standing by on capitol hill. mike, i guess the big head line to come out of this other than the old christmas adage about the ifs, ands, buts, is the fact it's tied mainly to negotiation? >> yeah, if you spend any time around here, andy, two things are going to happen to you as a reporter, you're going to be insulted by john boehner, and you're going to hear him say ifs ands and buts were nuts -- would you put something on the...
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a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington all because of the need to sock it to the 2% not the 1.5% and the over 400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to grover norquist. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear market versus rising above. and guess what? these enemies of wealth and job creation may get their way and win. yes, to borrow a phrase from my own rant last time we were on the brink of a washington-inspired financial disaster, they know nothing. shawn in illinois. shawn? >> caller: hello, jim. >> what's up, chief? >> caller: from chicago land. >> done. speak to me. >> caller: -- for some time now, and i just heard a report that their sales revenue from call of duty black ops 2 has topped $1 billion in 15 days. and for the entire "call of duty"
a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington all because of the need to sock it to the 2% not the 1.5% and the over 400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to grover norquist. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear...
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, we are about to jump over a fiscal cliff and we have the 16.$3 trillion debt and they are focused on a few people who points out the problem. >> congressman amash, what is your interpretation of this is what do you say to the speaker s. who is denying the votes have anything do with this? >> thanks for having me on, sean. it was pretty clear there was a scorecard. they haven't denied that. but they continue to insist that wasn't the reason. it doesn't make any sense to me. if there was scorecard, and we've heard there is, then show it to us. let us see what the scorecard says. and i will bet that the reason they don't want to show it, i think it's pretty obvious, that if you were fiscally responsible, you were docked on the scorecard. you were actually marked down in the republican conference for being fiscally responsible. and we were sent here to represent the american people. the vast majority of americans want us to come here and work together to balance the budget. >> congressman huelskamp, i'm a conservative, i'm even registered conservative in new york. i'm not a registered re
, we are about to jump over a fiscal cliff and we have the 16.$3 trillion debt and they are focused on a few people who points out the problem. >> congressman amash, what is your interpretation of this is what do you say to the speaker s. who is denying the votes have anything do with this? >> thanks for having me on, sean. it was pretty clear there was a scorecard. they haven't denied that. but they continue to insist that wasn't the reason. it doesn't make any sense to me. if...
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i love "the washington post" headline. republicans losing blame game on fiscal cliff. neener. majority of americans say if the country goes over the cliff on december 31st, congressional republicans should bear the brunt of the blame. "washington post" pew poll -- >> pew pew. >> stephanie: latest time the g.o.p. faces a tireless task between now and the end of the year. 53% say the g.o.p. would and should lose the fiscal cliff blame game. 27% say the president. so there. [ ♪ nah nah nah nah nah ♪ ] >> stephanie: a tee and then a hee. donna says i got my tickets. steph, as your official vegetarian travel agent, i got meet and grope tickets. so did many of our stephanie and the mooks meet up group. >> i love that. >> stephanie: not that kind of meet. we're having a celebration dinner this sunday to celebrate getting meet and grope tickets to what -- >> it's a new year and time for a new inauguration. >> the president of the united states is once again barack obama. s. ♪ >> time for a new sexy liberal. >> i guess i'll have to speak for the people of my state from right here
i love "the washington post" headline. republicans losing blame game on fiscal cliff. neener. majority of americans say if the country goes over the cliff on december 31st, congressional republicans should bear the brunt of the blame. "washington post" pew poll -- >> pew pew. >> stephanie: latest time the g.o.p. faces a tireless task between now and the end of the year. 53% say the g.o.p. would and should lose the fiscal cliff blame game. 27% say the president....
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and so what are some of the lessons klaxon not me start with the fiscal cliff i want to say something like the contract for america, the balanced budget, welfare reform. ronald reagan's supply-side economics, i'm proud of the number of things that made no sense in washington. there is no fiscal clef. this is absolute total nonsense. the best way to understand what happens to all of us is to write a great essay by thomas wolfe entitled of the flag catchers. this goes back i think to the 60's when he first wrote this. now, she's trying to describe the particular pattern in san francisco in which the welfare department has figured out all of the senior to the to be on the second floor of the office hiding from the people they served screening the people who are mad and the samoan community in san francisco having figured out the game was and so we have six foot five and 6 feet six summer winds carrying the traditional war close and they would walk up to the front desk and say i want to see the boss and a staff person would say we are not supposed to let you see the boss and they would st
and so what are some of the lessons klaxon not me start with the fiscal cliff i want to say something like the contract for america, the balanced budget, welfare reform. ronald reagan's supply-side economics, i'm proud of the number of things that made no sense in washington. there is no fiscal clef. this is absolute total nonsense. the best way to understand what happens to all of us is to write a great essay by thomas wolfe entitled of the flag catchers. this goes back i think to the 60's...
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. >> but the fiscal cliff still looms. cnbc has called on lawmakers to rise above gridlock and reach a deal. now we're beating down their doors. live from our nation's capital, this is a cnbc special report. mission critical, rise above d.c. >>> welcome back from our nation's capital. i'm mario bartiromo with brian sullivan. we continue our fiscal cliff coverage, "mission critical, rise above d.c." we've heard a lot after a morning of interviews and action on capitol hill. here is what we know now. just a short while ago house speaker boehner said he's still waiting on a solid plan from president obama. >> i'm hopeful we can reach an agreement. this is a serious issue. there's a lot at stake. the person people sent us here to work together towards the best possible solution, and that means cutting spending. the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. >> meanwhile despite all of the back and forth, the market is seemingly optimistic
. >> but the fiscal cliff still looms. cnbc has called on lawmakers to rise above gridlock and reach a deal. now we're beating down their doors. live from our nation's capital, this is a cnbc special report. mission critical, rise above d.c. >>> welcome back from our nation's capital. i'm mario bartiromo with brian sullivan. we continue our fiscal cliff coverage, "mission critical, rise above d.c." we've heard a lot after a morning of interviews and action on capitol...
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we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax deduction. almost the same amount said it would be willing to give up their deduction for state taxes. 19% said they would be willing to give up host: we would like to hear what deduction you would give up. you can weigh in on our facebook page, there's a poll set up where you can tell us specifically which interests you the most, or perhaps wh
we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be...
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" talking about the fiscal cliff. we want to start off hearing from you on a different topic. what do you think about hillary clinton's future and her running for president in 2016? that is our question this morning on the "washington journal." you can start dialing in now, or you can contact us via social media. you can make a comment on our facebook page. you can also send us an e-mail. from "the hill" newspaper yesterday -- a new poll by abc news and "the washington post." 57% say they support a presidential bid from every clinton in 2016. -- from hillary clinton in 2016. 68% approved of her work as secretary of state. 66% hold a favorable view of clinton after her department has faced criticism over the handling of benghazi and libya. clinton also has heavy support in new york were 54% of registered voters say they would support a presidential bid by her in 2016. that is an "the hill" newspaper. we have lots of facebook comments already on this question. we want to share a couple of those with thieu. jackie says "
" talking about the fiscal cliff. we want to start off hearing from you on a different topic. what do you think about hillary clinton's future and her running for president in 2016? that is our question this morning on the "washington journal." you can start dialing in now, or you can contact us via social media. you can make a comment on our facebook page. you can also send us an e-mail. from "the hill" newspaper yesterday -- a new poll by abc news and "the...
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let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on john boehner. there is an article in the new york times showing they feel he is dragging his feet and waiting until january 3. i also understand that the chairman of the government oversight and reform committee darrell issa, which is from our district here, i
let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from...
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do you think the economy has already suffered for lack of a deal to avoid the fiscal cliff? >> i think so. if we look at business investments declining in the third quarter, some as business nervousness. businesses are holding back on investment, near-term. lori: do agree the fittest and all they all they can in expecting an announcement of wanted it using three this week? the fed cannot solve this problem. >> they need to avoid most of the spending cuts and tax increases with economy likely to go under recession. the fed can help out somewhat but if we see those spending cuts and tax increases, we're likely to see it go back and ino recession. lori: purchasing the short-term, we invest in the long-term help in the mortgage market. we have seen a real those haitian, is it fair to say it has helped those housing in the economy? >> absolutely. housing prices are start to increase. buying long-term treasuries, buy mortgage-backed securities to help push down mortgage rates, affordability is incredibly kind giving low mortgage rates and the big price declines we've seen since th
do you think the economy has already suffered for lack of a deal to avoid the fiscal cliff? >> i think so. if we look at business investments declining in the third quarter, some as business nervousness. businesses are holding back on investment, near-term. lori: do agree the fittest and all they all they can in expecting an announcement of wanted it using three this week? the fed cannot solve this problem. >> they need to avoid most of the spending cuts and tax increases with...
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awaits if we go over that fiscal cliff. you're watching "hardball." to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood
awaits if we go over that fiscal cliff. you're watching "hardball." to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. a regular guy with an irregular heartbeat. the usual, bob? not...
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going off the fiscal cliff, blah, blah blah. and i said the democrats tend to be the responsible party in terms of wanting to govern and then bill says because they hate it, and i say right. why would you make some big operate well that you don't like. >> you are a couple of marksists. >> what did reagan say? the government is the problem. >> right. they don't like the government. >> and i don't suppose the government is anything anybody would ever want to strangle in the bathtub. >> stephanie: no. all right. let's dive in to right-wing world. [♪ circus music ♪] >> stephanie: all right. rush limbaugh. >> folks i'm a little worn-out fed up and very inpatient with these ongoing assaults on the people who work in this country. the current disaster is not teaching people a lesson, nothing will. we're not teaching people to be productive, and instead we're teaching them that there is nothing wrong with being slovenly. it is stupid, it's what they did in the soviet union. kill ambition. to hell with that. >> stephanie: wow, someon
going off the fiscal cliff, blah, blah blah. and i said the democrats tend to be the responsible party in terms of wanting to govern and then bill says because they hate it, and i say right. why would you make some big operate well that you don't like. >> you are a couple of marksists. >> what did reagan say? the government is the problem. >> right. they don't like the government. >> and i don't suppose the government is anything anybody would ever want to strangle in...
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from today's washington journal, this is about an hour. fiscal cliff. joining us here is stan collender and douglas holtz- eaken. what is happening? what are the two talking about. guest: the nature of the tax increases, how much, and on the other side, what kind of entitlement reforms as the president willing to offer? that has been going back and forth for quite awhile now. there are talking about the same basic issues. host: one of the shore signs of action in washington, we have heard there is a possibility that they could come back after christmas. guest: i have been telling clients since september we were going over the cliff. i was not sure there was a sign it or coming back before christmas. this last-minute deal of some time, it could easily be approved -- the house and senate do not need to be here for this because it will not be the big, big deal. this is not the grand compromise they are talking about here there is not enough support to do the technical things. this could be a simple package they do at the last minute. host: even if the whit
from today's washington journal, this is about an hour. fiscal cliff. joining us here is stan collender and douglas holtz- eaken. what is happening? what are the two talking about. guest: the nature of the tax increases, how much, and on the other side, what kind of entitlement reforms as the president willing to offer? that has been going back and forth for quite awhile now. there are talking about the same basic issues. host: one of the shore signs of action in washington, we have heard there...
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negotiations for the fiscal cliff continue in washington. house members spoke about the issue today on a resolution that would allow the house to take up measures through december 28. this is just over an hour. on. the speaker pro tempore: the gentleman from texas is recognized for one hour. mr. sessions: thank you very much, mr. speaker. for the purpose of debate only, i yield theustomary 30 minutes to the gentlewoman from fair point, new york, my dear friend, the ranking member on the committee, ms. slaughter, pending which i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. sessions: thank you very much. during consideration of this resolution, all time is yielded for the purpose of debate only. mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and extend their remarks. the speaker pro tempore: without objection. mr. sessions: i rise today in support of thisule which will provide this body the ability to consider legislation under suspension of t
negotiations for the fiscal cliff continue in washington. house members spoke about the issue today on a resolution that would allow the house to take up measures through december 28. this is just over an hour. on. the speaker pro tempore: the gentleman from texas is recognized for one hour. mr. sessions: thank you very much, mr. speaker. for the purpose of debate only, i yield theustomary 30 minutes to the gentlewoman from fair point, new york, my dear friend, the ranking member on the...
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yesterday federal reserve chair ben bernanke chastised washington saying the fiscal cliff is already bringing damage to americans. >> why is it that small business confidence dropped so sharply? why are the markets so volatile, even though we've not nn reached the point of the fiscal cliff potentially kicking in, it's already affecting business investment and hiring decision business creating uncertainty or creating pessimism. >> washington, wake up. you're hearing from bernanke, you're hearing from the american people. just get this done. finally, the president faced foreign policy flare-ups around the world this year. its aftermath eroded confidence in obama's overall foreign policy rating. public approval for the president has bounced back to pre-benghazi levels. 52% approve, 40% disapprove. his potential pick for secretary of state, she is taking on water. u.n. ambassador susan rice's personal rating upside down. first time we've ever tested her. a third of the voters say they don't know who she is. that's amazing that only a third of voters doesn't know who she is. among those w
yesterday federal reserve chair ben bernanke chastised washington saying the fiscal cliff is already bringing damage to americans. >> why is it that small business confidence dropped so sharply? why are the markets so volatile, even though we've not nn reached the point of the fiscal cliff potentially kicking in, it's already affecting business investment and hiring decision business creating uncertainty or creating pessimism. >> washington, wake up. you're hearing from bernanke,...
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. >> "washington journal" continues. the: we're talking about business of the fiscal cliff. we have a reporter from politico. you begin by saying it is big business. guest: is not just big business inside the capitol. in washington, is an economic driver. millions of dollars are being spent to influence the lawmakers and the white house from outside groups like the chamber of commerce and others. host: special interest groups have been at the table because they have the money but the special interest groups say is their freedom of expression. guest: it is a push/pull every single day. there are some different groups that have come up better not may be your typical lobbying entities. host: let me share with you a couple of ads - we have been hearing a lot from aarp and they have used this as an issue. these absolutely, we see groups that are for seniors which are non-traditional. it is groups represent every day americans talking about what will happen. host: [video clip] if we are serious about reducing the deficit, we have to combine spending cuts of revenue. >> but so far,
. >> "washington journal" continues. the: we're talking about business of the fiscal cliff. we have a reporter from politico. you begin by saying it is big business. guest: is not just big business inside the capitol. in washington, is an economic driver. millions of dollars are being spent to influence the lawmakers and the white house from outside groups like the chamber of commerce and others. host: special interest groups have been at the table because they have the money...
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what are your latest thoughts on the fiscal cliff clavin as we call it? >> well, i think we have a lot to learn from what i would call the fiscal spliff from washington state. legalization of marijuana adds to the state's coffers or costs the federal government an equal amount of money to police it from a distance, that's going to be the curious one. so far as the fiscal cliff the dumbest thing -- the republicans are in a situation where you know they're giving two pages of -- we want this. remember, we just -- they're torn out like perforated from the paul ryan plan. they bring them in. okay, tomorrow we'll come back with more. these are the same pages only they have -- is that bourbon on them? >> stephanie: bourbon and cheeto stains on them. >> the truth is -- i think charlie pierce touched on it before. the dumb thing is that they don't immediately go for the middle class tax cuts and let those go through. but they can't give any ground and that, i think proves that boehner can't deliver the votes necessary to get anything through. >> stephanie: right.
what are your latest thoughts on the fiscal cliff clavin as we call it? >> well, i think we have a lot to learn from what i would call the fiscal spliff from washington state. legalization of marijuana adds to the state's coffers or costs the federal government an equal amount of money to police it from a distance, that's going to be the curious one. so far as the fiscal cliff the dumbest thing -- the republicans are in a situation where you know they're giving two pages of -- we want...
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that follows the legalization of marijuana in colorado and washington and a fiscal cliff battle up to the majority of americans calling for higher taxes on the rich. joining me now for strategy talk, karen finney, msnbc political analyst and former dnc communications director and chip saltsman, republican strategist and former manager of mike huckabee's presidential campaign. welcome. you look resplend end in purple, karen. are we experiencing a liberalization of america? if so what is the catalyst? >> if you take a look at both the issue landscape and the exit polling from the most recent election, i think it gives you kind of a road map as to what's going on here. i mean, we are a more diverse country. we have more diverse backgrounds and interests. we did see sort of the issue landscape with regard to the exit polling showing that people's opinions are changing on a lot of these issues. look at the millennial generation. they are far more tolerant generation, far more diverse generation. i think what this reflects is those same kind of demographic shifts that we saw manifest itself
that follows the legalization of marijuana in colorado and washington and a fiscal cliff battle up to the majority of americans calling for higher taxes on the rich. joining me now for strategy talk, karen finney, msnbc political analyst and former dnc communications director and chip saltsman, republican strategist and former manager of mike huckabee's presidential campaign. welcome. you look resplend end in purple, karen. are we experiencing a liberalization of america? if so what is the...
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it's my fiscal cliff helmet down here in washington. >> oh, understood. >> i love it. let's go through the list. not surprising who is number one? >> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the list even when he wasn't president because we all know who was still running the show then. he's back up there with a bullet. he's been as high as two on this list. here is somebody who has a u.n. security council permanency, controls a huge oil and gas reserve, has a nuclear tipped army and wields his power very effectively. >> and loves to show his muscles. many times as possible. >> powerful in many ways. that's right. >> of late bill gates has been the rodney da
it's my fiscal cliff helmet down here in washington. >> oh, understood. >> i love it. let's go through the list. not surprising who is number one? >> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >>...
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needs to crack thehole fiscal cliff thing wide-open. all i'm saying is i think h the power to bring people together simpson style. that's it for us. thanks for watching. erin burnett out front starts now. >>> "outfront" next, 27 days away from the fiscal cliff. things are getting silly. octogenarians doing gangnam style. plus, what the united states is anning to do if assad uses chemical weapons against his own people. and 24-year-old amy copeland contracted a deadly flesh eating disease in may. doctors gave her a 1% chance of "outfront" to talk about it. let's go "outfront." tonight, gangnam style. yep, this is how one man sees the fiscal cliff and it's a pretty important man. this is alan simpson. ♪ yep. that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit
needs to crack thehole fiscal cliff thing wide-open. all i'm saying is i think h the power to bring people together simpson style. that's it for us. thanks for watching. erin burnett out front starts now. >>> "outfront" next, 27 days away from the fiscal cliff. things are getting silly. octogenarians doing gangnam style. plus, what the united states is anning to do if assad uses chemical weapons against his own people. and 24-year-old amy copeland contracted a deadly flesh...
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all you guys on washington pat each other on the back and say we didn't go off the fiscal cliff and the debt goes from $16 trillion to $20 trillion a couple years down the road to $25 trillion. nothing changes in washington, dc. you tax. you still spend. maybe it is time to take the medicine congressman and go over the fiscal cliff and fix the problem. >>guest: there is no fiscal cliff. there is a fiscal slope. the earth doesn't stop spinning, the sun will come up, the moon will come up and we will have to do things in john. taxes will go up and the democratic party and hopefully some responsible republicans will vote to make certain that we remove this tax cut that would take place. >>eric: no talk about responsible democrats to stop spending so were, or cut back the spending, not just cutting back the increase rate in spending but item spending cuts. >>guest: the rate of increase doesn't have anything to do with the spain people are suffering whether they are middle class or poor. we were talking about the so-called fiscal cliff, if that happens, automatically taxes are going to go up
all you guys on washington pat each other on the back and say we didn't go off the fiscal cliff and the debt goes from $16 trillion to $20 trillion a couple years down the road to $25 trillion. nothing changes in washington, dc. you tax. you still spend. maybe it is time to take the medicine congressman and go over the fiscal cliff and fix the problem. >>guest: there is no fiscal cliff. there is a fiscal slope. the earth doesn't stop spinning, the sun will come up, the moon will come up...
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Dec 11, 2012
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all day long we are here in washington holding lawmakers' feet to the fire on the fiscal cliff. here's what we know right now. in terms of some of the moments from this morning, senator mark warner from virginia saying compared to the size of our economy and the drastic steps that have been taken in other countries the current proposals are relatively small and government should just step up and get a deal done. senator bob corker, though, hesitant about signing any deal if there's not some sort of agreement about increasing revenue. he says there's no guarantee enough will be done about entitlements down the road. and as he looks in on the process, grover norquist maintains there's no better reason to raise taxes now than there was in the past. it all gets down to a pretty stiff standoff. carl, we've been watching this this morning. we've been saying all day long that this is the time to be optimistic because both camps, the prince pipals on both sides had gone somewhat silent. we had not heard the same posturing, rhetoric thrown out. now we are getting word speaker boehner wil
all day long we are here in washington holding lawmakers' feet to the fire on the fiscal cliff. here's what we know right now. in terms of some of the moments from this morning, senator mark warner from virginia saying compared to the size of our economy and the drastic steps that have been taken in other countries the current proposals are relatively small and government should just step up and get a deal done. senator bob corker, though, hesitant about signing any deal if there's not some...
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the fiscal cliff, intellectual property protection. and the business leaders are speaking for themselves. generally speaking, business leaders are centrist, the data driven, results oriented, and they are looking for compromise in washington. is it a pro-obama group, protest republican group? it is really its own group and the to the people speak for themselves. host: who are some of the names people might recognize, the ceo's of which companies? guest: the efforts the white house has made this year is much larger and much more effective than it was last year. they are bringing in more people with business ford but with a lot of other organizations as well. the president spoke with financial services leaders and has brought in two groups of big-name ceos. -- the president has spoken with business forward. six out of 10 per ceo's of small companies. -- tend to be ceo's of small companies. smaller investors, smaller business owners. the 10 to go after people from flint, michigan, not so, in tennessee. by a large we're talking to smaller
the fiscal cliff, intellectual property protection. and the business leaders are speaking for themselves. generally speaking, business leaders are centrist, the data driven, results oriented, and they are looking for compromise in washington. is it a pro-obama group, protest republican group? it is really its own group and the to the people speak for themselves. host: who are some of the names people might recognize, the ceo's of which companies? guest: the efforts the white house has made this...
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also, our "washington journal" series on the fiscal cliff with talk about the alternative minimum tax. we will also talk with senator tom cole of oklahoma. >> several liebowitz to tell you about on c-span3 tomorrow. politico post journalists and author bob woodward and marco rubio. a little after 8:00 a.m. eastern. at 10:00 o'clock, the senate appropriations committee will hear about the federal response hurricane sandy. fema director craig fugate and senators from some of the affected states. the house foreign affairs committee and the regional influence. that is at 2:00 p.m. eastern. the senate voted on the u.n. treaty for the disabled. sixty-six votes were needed for ratification. sixty-eight to 38 the vote failed. >> i think it would be fair not to use of the time in an unfair way. i would ask that if they are not ready to use their time, that this be charged against them. because i think it is important that we don't give a part-time as a result of that. i ask unanimous consent that we not be charged that time. >> is there objection? >> the senator from indiana. >> in terms of ou
also, our "washington journal" series on the fiscal cliff with talk about the alternative minimum tax. we will also talk with senator tom cole of oklahoma. >> several liebowitz to tell you about on c-span3 tomorrow. politico post journalists and author bob woodward and marco rubio. a little after 8:00 a.m. eastern. at 10:00 o'clock, the senate appropriations committee will hear about the federal response hurricane sandy. fema director craig fugate and senators from some of the...
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the fiscal cliff. good morning again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good
the fiscal cliff. good morning again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime,...
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. >>> finally, there may be gridlock in washington over the fiscal cliff but members of parliament in the ukraine spent the first two days of the parliamentary session literally fistfighting over the election of parliamentary officials. this was the scene from today. anyway, yesterday's session was suspended due to a similar brawl with one man having his ear torn. the election did wind up happening today. ukrainian law dictate that is the police cannot intervene in parliamentary fights. the members can't be punished for what they do in them. i guess that explains that. >>> up next, chris christie versus hillary clinton in '26? wishful thinking for all of us political junkies. what a match-up that would be. you're watching "hardball," the place for politics. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors w
. >>> finally, there may be gridlock in washington over the fiscal cliff but members of parliament in the ukraine spent the first two days of the parliamentary session literally fistfighting over the election of parliamentary officials. this was the scene from today. anyway, yesterday's session was suspended due to a similar brawl with one man having his ear torn. the election did wind up happening today. ukrainian law dictate that is the police cannot intervene in parliamentary...
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he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. >>> there are problems here. there are problems in this chamber. as proud as i am of this institution, and i will forever be, i have detected over the 26 years i've been here a change. we spend now too much of our time seeking partisan advantage. and it happens on both sides. and it's all understandable. i understand it. i'm not being critical of individuals. we spend too little time trying to solve problems. >> welcome back to "the ed show." that was north dakota senator kent conrad on the floor of the senate earlier today, reflecting on his 26 years in washington. conrad will leave the senate in january as chairman of the senate budget committee. conrad understands the numbers better than anyone else. and the senator predicted the mess we would find ourselves in with the bush tax cuts a decade ago. take a look. >> the administration told us that we could have a massive tax cut and they would still be able to have maximum paydown of the debt and protect social security. n
he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. >>> there are problems here. there are problems in this chamber. as proud as i am of this institution, and i will forever be, i have detected over the 26 years i've been here a change. we spend now too much of our time seeking partisan advantage. and it happens on both sides. and it's all understandable. i understand it. i'm not being critical of individuals. we spend too...
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all investors certainly focusing on the fiscal cliff once again, and getting that solved in washington. that's the latest here at the new york stock exchange. phil, what's going on in chicago? >> gasoline prices down again today, and they should be. why? the united states produced the most energy last year ever in history. that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff. you know, we saw the big builds in gasoline supplies over the last couple weeks and refining mar gyps cut in half. we have problems on the side where the supplies are tight, and the question for this market over the long term is how quickly refinders can flip to the other side. the other big news, of course, looking at aaa today, they say that holiday gasoline demand is 1.6% above a year ago. talk metals with that, always shimmering, sandra smith. >> thank you for that intrough, mr. phil. look at this, guys, messing with the charts here, a six-month chart, silver and gold. the gold line here, and silve
all investors certainly focusing on the fiscal cliff once again, and getting that solved in washington. that's the latest here at the new york stock exchange. phil, what's going on in chicago? >> gasoline prices down again today, and they should be. why? the united states produced the most energy last year ever in history. that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff....
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that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> it's not that tough. he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his family instead of going down and having a bourbon on the rocks with some of the congressional folks. >> sometimes though, you need to
that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >>...
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host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to sustain in the immediate year. so they're not a good idea. would it be the end of the world? no. there would be a downsizing of a lot of services across the government in terms of the domestic accounts. there would be fewer services being provided. there would be reduced federal employees. some grant programs that would take carand hair cut of 5% or 1. the economy would go on and the government would go on. the public would still continue to get serviced by and large. host: can agencies manage this? guest: we have managed sequesters in the past, but not of
host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to...
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listen to "the washington post" reporter and author bob woodward discussing the deadlock over the fiscal cliff. take a listen. >> it's groundhog day. who's playing bill murray? and i mean, such a repetition. it's the same players at the same seats at the table with same doctrine and so, you know, where this goes -- i think anyone who thinks they know is wrong. >> so what does your gut tell you? anyone who thinks they know where this is going is wrong. go to facebook.com/newsnation to cast that vote. that does it for this edition of "news nation." see you tomorrow. "the cycle" is up next. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. i am the ghost of cookies past. residue. so gross. well you didn't use new pam, so it looks like you're "stuck" with me. [ female announcer ] bargain brand cooking spray leaves annoying residue. that's why there's new pam. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. ju
listen to "the washington post" reporter and author bob woodward discussing the deadlock over the fiscal cliff. take a listen. >> it's groundhog day. who's playing bill murray? and i mean, such a repetition. it's the same players at the same seats at the table with same doctrine and so, you know, where this goes -- i think anyone who thinks they know is wrong. >> so what does your gut tell you? anyone who thinks they know where this is going is wrong. go to...
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in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the president gets a deal on rates, republicans are going to be less inclined to go along with some of the other things, like extended unemployment insurance and some sort of extension perhaps in different form of the payroll tax cut. but also to avoid the sequestration, the congress has got to find some way to have cuts in the interim. if they kick the can down the road they have to have month by month cuts. the farm bill, talking $10 billion a month to in effect buy off the sequestration while they negotiate, the farm bill if you take the senate bill, $23 billion in subsidies cut overall, $4 billion as mentioned fro
in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the...
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he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. get 0% apr financing for 36 months on a 2013 subaru forester and we'll donate 250 dollars to your choice of 5 charities. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. darrell hasn't been able to visit his mom back east in a long time. [ mom ] things are sometimes a little tight. i wasn't able to go to the wedding. [ emily jo ] since da
he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd....